CORRECTING and REPLACING PG&E Highlights Importance of Reforming Wildfire Liability Policies as Part of CaliforniaÔÇÖs Focus on Clean Energy and Climate Resilience

SAN FRANCISCO–(BUSINESS WIRE)–In the "Electric vehicle charging" bullet, the second sentence should
read: The company has also received a proposed regulatory decision on a
program to expand charging stations for medium- and heavy-duty vehicles.
(instead of: The company also won approval for a new charging-station
program for medium- and heavy-duty vehicles.)

The corrected release reads:

PG&E HIGHLIGHTS IMPORTANCE OF REFORMING WILDFIRE LIABILITY POLICIES
AS PART OF CALIFORNIAÔÇÖS FOCUS ON CLEAN ENERGY AND CLIMATE RESILIENCE

As Pacific Gas and Electric Company (PG&E) prepares to meet the ÔÇ£new
normalÔÇØ of climate change, working with state and local officials to
find a comprehensive solution to CaliforniaÔÇÖs approach to wildfire
liability remains a top priority, the company said today at the joint
annual shareholders meeting of PG&E and its parent, PG&E Corporation.

ÔÇ£This is about more than PG&E. And itÔÇÖs about more than one bad fire
season. ItÔÇÖs about a growing threat to our communities, our economy, and
our environment as climate change makes wildfires and other extreme
weather events more likely,ÔÇØ said PG&E Corporation CEO and President
Geisha Williams.

Williams stressed that PG&E is committed to meeting CaliforniaÔÇÖs clean
energy goals, further improving the safety and reliability of its
system, and hardening its infrastructure against climate effects, but
the companyÔÇÖs ability to make the necessary investments will depend upon
reforming the stateÔÇÖs ÔÇ£brokenÔÇØ wildfire liability rules.

Community Wildfire Safety Program

PG&E President and Chief Operating Officer Nick Stavropoulos presented
the companyÔÇÖs new Community Wildfire Safety ProgramÔÇöa multi-faceted
initiative with three major focus areas, implemented in light of the
wildfires throughout the state last year:

• Bolstering PG&EÔÇÖs wildfire prevention and emergency response efforts
  in coordination with first responders, public safety agencies, and
  other community partners using the companyÔÇÖs own Wildfire Safety
  Operations Center, along with enhanced weather forecasting, monitoring
  and modeling.
• Reducing fire threats by increasing the distance between
  overhead electric lines and surrounding vegetation, and developing
  protocols for proactively shutting off power when extreme fire
  conditions are occurring.
• Hardening the electric system and integrating new technologies,
  including stronger power lines, non-wood poles in high-threat areas,
  and microgrids to establish energy resilience zones around hospitals
  and schools.

ÔÇ£All of this work reflects our continued commitment to our communities
and, in particular, to their safety. Nothing is more important to us,ÔÇØ
Stavropoulos said.

Progress toward CaliforniaÔÇÖs goals

Williams and Stavropoulos also gave several examples of the progress
PG&E is making toward CaliforniaÔÇÖs clean energy and climate goals while
providing safe and reliable service:

• Clean energy: In 2017, nearly 80 percent of the electricity
  PG&E delivered was produced from sources that emit no greenhouse gas,
  with one-third coming from state-qualified renewables such as solar
  and wind ÔÇö three years ahead of the California requirement.
• Electric vehicle charging: PG&E is moving forward with a
  program to install 7,500 public charging stations for light-duty
  vehicles, the largest such public charging program in the nation. The
  company has also received a proposed regulatory decision on a program
  to expand charging stations for medium- and heavy-duty vehicles.
• Grid modernization: The California Independent System Operator
  has approved PG&EÔÇÖs proposal for the Oakland Clean Energy Initiative,
  a first-of-its-kind project that will replace an outdated fossil-fuel
  power plant with a combination of battery storage, local distributed
  energy resources, and energy efficiency.
• Advanced training facilities: At the operational level, PG&E
  opened its Gas Safety Academy in Winters, Calif., the third in a
  series of state-of-the-art gas safety facilities to open since 2013.
  And the company broke ground on a new training facility in Livermore
  that will focus on electric substation operations and maintenance.

ÔÇ£California has made a forceful commitment to cut greenhouse gases over
the next few decades. We support that wholeheartedly. ItÔÇÖs one of the
biggest factors shaping the direction of our business as we think about
the future.ÔÇØ Stavropoulos said.

Shareholder vote

The meeting included a report on the preliminary results of the
shareholder vote on the items of business. Preliminary voting results
indicate that all nominated members of the boards of directors of PG&E
Corporation and its utility subsidiary, Pacific Gas and Electric
Company, will be re-elected for a one-year term; the re-appointment of
the companiesÔÇÖ independent registered public accounting firm, Deloitte &
Touche LLP, will be ratified; the companiesÔÇÖ executive compensation will
be approved on an advisory basis; and proposals submitted by PG&E
Corporation shareholders concerning customer approval of the companyÔÇÖs
charitable giving program and enhanced proxy access will not be
approved. Final voting results will be reported in a Form 8-K Report to
be filed with the Securities and Exchange Commission and will be
available on the PG&E Corporation website.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E
Corporation (NYSE:PCG), is one of the largest combined natural gas
and electric energy companies in the United States. Based in San
Francisco, with more than 20,000 employees, the company delivers some of
the nationÔÇÖs cleanest energy to nearly 16 million people in Northern and
Central California. For more information, visit www.pge.com/
and www.pge.com/en/about/newsroom/index.page.

Contacts

Pacific Gas and Electric Company
Media Relations, 415-973-5930